The Acorn Group is London’s largest independent multi-brand estate agency. We offer our clients the best brands, with the best people, in the best locations.

 

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£695,000 OIEO

2a Norbury Crescent, London, SW16 Ref: 30484

An opportunity to purchase a freehold office building in the centre of Norbury which benefits from permitted development rights to convert and extend the existing building to provide 5 one bedroom flats in total.

The property benefits from four separate planning consents which all work in conjunction with one another to enable a 5 unit scheme to be built- These successful applications include approval under PD for the conversion of the existing building to form four 1 bedroom flats, two full planning approvals for external façade changes to approve the aesthetic of the building and another approval under PD for an additional storey to create a new 1 bedroom flat.

The properties town centre location, and ease of conversion/extension works along with its 'Help to Buy' qualifying re-sales and strong rental values are likely to hearten potential buyers.

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